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Rent Your Home

Want to lease your home? Two companies are now offering a leasing services to Green Cay Village homeowners who want to lease their townhome or condo.

The services being offered range from leasing your home and managing it to just leasing your home or just managing an already leased home.

The leasing service includes finding the tenant, showing the home, running the required credit and criminal background checks, getting all of the necessary paperwork in place and collecting the first and last months rent.

The management service includes collecting the rent, paying the monthly maintenance fees, handling inside maintenance calls e.g. "my toilet will not stop running", contacting the tenant in cases of rules infractions, taking legal action against the tenant if necessary up to and including the eviction of non paying/non compliant tenants, and conducting bi-annual inspections of your home.

The rates are one months rent to lease a  home and 10%  of the monthly rental to manage a home.

Note: Legal fees in the case of evictions or other legal actions are not included in the 10% monthly maintenance fee, nor are any expenses for inside maintenance e.g. fixing a running toilet.

For more details and to lease your home, contact either of the two people people listed below.

Emily Smith Freifeld
Manager
Green Cay Village Homes

6683 Old Farm Trail
Boynton Beach, FL 33437
phone 561-736-1440
fax 561-736-1448
Email

or

Michael Cook
Broker Associate
Corcoran Group Real Estate

340 Royal Poinciana Way, Ste 302
Palm Beach, Fl 33480
Cell: 561-531-9339
Office: 561-655-9081
Email

Green Cay Village Rental Rates - For homeowners and investors leasing townhomes and condos, here are the current rates as of 1/1/2013 for units leased by homeowners/investors and Green Cay Rentals aka the Developer.

    Units
Leased
Avg.
Lease
Max.
Lease
Condos - 2 Bedroom      
   Owner/Investor Lessee 15 $1,053 $1,150
   Green Cay Rentals Lessee 35 $1,218 $1,280
Condos - 3 Bedroom      
   Owner/Investor Lessee 15 $1,164 $1,350
   Green Cay Rentals Lessee 31 $1,355 $1,405
Townhomes      
   Owner/Investor Lessee 18 $1,497 $1,600
   Green Cay Rentals Lessee 23 $1,630 $1,680

Includes cable, washer/dryer, water, sewer, and trash.

In looking at this data, it is clear to me that owner/investor lessors could charge more and still be competitive, particularly in the condos.

Note: If you plan to lease your unit yourself, consider using a lease agreement similar to the one used by the Developer in leasing their units. Click here for details.